At last the truth is out in the open! Well, almost. And this time it’s from a very credible source from within Apple itself. According to NY Times, a reliable and credible source from within Apple has clarified the rumor pertaining to its 7.85 iPad. In fact, Apple had started giving cues pertaining to its 7.85 inch iPad a week ago, on the eve of orders for Google’s 7-inch tablet having opened up. The cues pertaining to its iPad rumor were remitted to WSJ and Bloomberg respectively. And this time, as Google is all set to ship its Nexus 7, the news pertaining to its iPad rumor has surfaced yet again, this time with the NY Times.

Accordingly, Apple is developing a new tablet with a 7.85-inch screen that is likely to cost its users significantly much lesser than the latest $499 iPad. This new iPad will be having an unique 7.85-inch screen, much smaller than that of the latest 9.7-inch display iPad. However, the exact cost of this yet-to-arrive iPad is not disclosed. However, reliable sources are hopeful that Apple’s iPad 2 (could be termed for the time-being) could arrive on the tech scene late this year.

As per some sources within the company, Apple had begun building or working on small prototype tablets in the mid 2000′s. However, the idea was disliked by Steve Jobs who thought that the tablet was too small for rendering optimal performance. This is one of the reasons the tablet never surfaced on the tech scene commercially. However, with Apple always thriving for innovations, this latest iPad 2 could certainly fancy many of the tablet users, and even capture the minds of many of the newbie users due to its economical range that it is expected to belong in. However, the  reality of its supposed success could only be answered with the passage of time, and which no one can answer with confidence,  especially in the current tablet-cluttered market scenario.

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